Short Interest in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Expands By 243.5%

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 125,145 shares, a growth of 243.5% from the July 15th total of 36,434 shares. Based on an average daily volume of 380,668 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Trading of VictoryShares Short-Term Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Western Wealth Management LLC purchased a new position in VictoryShares Short-Term Bond ETF during the 1st quarter worth $28,000. Sunbelt Securities Inc. acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the third quarter worth about $30,000. JPMorgan Chase & Co. purchased a new position in shares of VictoryShares Short-Term Bond ETF during the third quarter worth about $32,000. Global Retirement Partners LLC acquired a new position in shares of VictoryShares Short-Term Bond ETF in the fourth quarter valued at approximately $33,000. Finally, Aptus Capital Advisors LLC acquired a new position in VictoryShares Short-Term Bond ETF in the 3rd quarter valued at $72,000.

VictoryShares Short-Term Bond ETF Stock Down 0.0%

Shares of NASDAQ USTB traded down $0.01 during trading hours on Friday, reaching $50.46. The stock had a trading volume of 103,158 shares, compared to its average volume of 263,015. The firm has a 50-day moving average of $50.50 and a 200-day moving average of $50.66. VictoryShares Short-Term Bond ETF has a fifty-two week low of $50.31 and a fifty-two week high of $51.12.

VictoryShares Short-Term Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were issued a $0.1723 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Friday, August 7th.

VictoryShares Short-Term Bond ETF Company Profile

The Victory Portfolios II VictoryShares Short-Term Bond ETF (USTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three years or less. USTB was launched on Oct 24, 2017 and is managed by VictoryShares.